---
schema_version: "secwatch.filing_event.v1"
accession: "0001060822-23-000151"
form_type: "8-K"
ticker: "CRI"
cik: "0001060822"
company_name: "CARTERS INC"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T06:40:03.928651+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Carter's Q3 2023: EPS up 6.6% to $1.78, sales down 3% to $792M, provides full-year outlook

## Summary
- Net sales $792M (down from $819M); diluted EPS $1.78 vs $1.67; adjusted diluted EPS $1.84.
- Operating margin 11.8% (adjusted 12.2%) vs 11.2% in Q3 2022; inventory down over 30% YoY.
- Year-to-date operating cash flow $206M; $152M returned to shareholders via buybacks and dividends.
- Full-year 2023 outlook: net sales $2.95-2.965B, adjusted operating income $325-335M, adjusted diluted EPS $5.95-6.15.
- CEO cites warm September impacting retail and international sales; expects improvement with colder weather.

## SEC filing metadata
- accession: 0001060822-23-000151
- form_type: 8-K
- ticker: CRI
- cik: 0001060822
- company_name: CARTERS INC
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060822/000106082223000151/0001060822-23-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060822/000106082223000151/cri-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001060822-23-000151
- JSON: https://secwatch.observer/filing/0001060822-23-000151.json
- Plain text: https://secwatch.observer/filing/0001060822-23-000151.txt

## Key facts
- Earnings Releases
  CARTERS INC reported third quarter fiscal 2023 results: revenue Net sales $792 million, EPS Diluted EPS $1.78. Guidance raised.
  - Period: third quarter fiscal 2023
  - Revenue: Net sales $792 million
  - EPS: Diluted EPS $1.78
  - Guidance: raised
  - Result: reported results
  source text: as amended. --- EX-99.1 (EX-99.1) --- Contact: Sean McHugh Vice President & Treasurer (678) 791-7615 Carter ’ s, Inc. Reports Third Quarter Fiscal 2023 Results • Net sales $792 million vs. $819 million in Q3 2022 • Operating margin 11.8% vs. 11.2% in Q3 2022; adjusted operating margin 12.2% vs. 11.2% in Q3 2022 • Diluted EPS $1.78 vs. $1.67 in Q3 2022; adjusted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060822/000106082223000151/0001060822-23-000151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.